Hold That Thought -- April 29, 2022

A digression: we close out the week with WTI at $104.70. 

Wow, I don't believe in coincidences. LOL. But sometimes, the only explanation is ... drum roll ... coincidences.

A reader just wrote me telling me that a recession was unavoidable. 

I replied, that yes, that was the consensus. 

I had to look up the last us recession. Began in February, 2020 -- ended in April 2020, making it the shortest recession on record.

I got to thinking about that, and thinking this is the best opportunity to be investing. 

Hold that thought.

At the top of my twitter feed:

I have three tranches of investing in the month of May:

• May 2, 2022,
• May 16, 2022, and,
• May 30, 2022.

Four New Permits Including Three Permits For Wildcats in Mercer County -- April 29, 2022

Active rigs:

$104.70	4/29/2022	04/29/2021	04/29/2020	04/29/2019	04/29/2018
Active Rigs	37	16	31	64	62

Four new permits, #38915 - #38918, inclusive:

• Operators: Rampart Energy (3); Enerplus
• Fields: three wildcats in Mercer County; Murphy Creek (Dunn County)
• Comments:
• Enerplus has a permit for a MC-Kudrna well in SWSE 10-144-95; to be sited 222 FSL and 1456 FEL;
• Rampart has permits for three Coteau wells in Mercer County;
• #2: 424 FSL and 805 FWL, a wildcat
• #3: 2462 FSL and 2391 FEL, a wildcat
• #4: 1641 FSL and 2421 FWL, a wildcat

Eleven permits renewed:

• BR: six Gladstone permits in McKenzie County; two Mathistad peremits in McKenzie County; and three Keene permits in Dunn County;

Intel: Still Unimpressed -- April 29, 2022

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

 

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Intel Continues To Un-Impress Me

Link here.

Transcript.

• Links:
  
• CEO remains "confident" despite challenges.  
• Intel: still a have not. 
• Intel heads into the red on "uncertain" sentiment for the rest of the year. 
• Intel slumps as outloook suggests PC weakness may be in the works. 
• Intel's results could set tone for the rest of the chip giant's year.
  

XOM, CVC Earnings -- 1Q22 -- April 29, 2022

Blockbuster earnings.

Apple Earnings And Reminiscing -- April 29, 2022

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

The Apple Page

Earnings, 1Q22 and other related items.

Look at #5 and #6 below. 

• Qualcomm's M1 rival to be available in PCs by late 2023.
• Twenty years ago today, Apple unveiled the eMac.
• Apple was the only smartphone vendor to increase shipments year-over-year last quarter.
• Apple expects supply constraints to continue in 3Q22.
• Fifty percent of customers purchasing a Mac in 2Q22 were new Mac users.
• Apple reports all-time or March quarter revenue records across all categories except iPad.
• iPad had severe supply chain constraints.
• Apple reports 2Q22 results: $25.0 billion profit on $97.3 billion revenue, best March quarter ever.
• Nvidia updating GeForce NOW with native support for Apple Silicon Macs.
• Apple expected to announce record-breaking March quarter.

From ZeroHedge, link here:

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Reminiscing

If I could live life over again, one thing I would do: keep a 4 x 6 card on every individual with whom I crossed paths. I think it would have been doable. I can think of many, many folks with whom I would now love to touch base, to see what they are doing, and to let them know how they made my life richer. 

I've thought about that a lot. Today, I was thinking of Dr Joe Matthews. One of my "favorite" physicians during my training. He trained as a colorectal surgeon while I was training as a pediatrician at Travis AFB hospital in / near Vacaville, CA.

After training, he and I ended up crossing paths again when he was transferred to Grand Forks AFB, ND, where I had been for a year.  

This story is a few years old. The Matthews had two sons. I forgot the names of the two boys, but one, see the linked article, was Doug. I remember treating one of the two, possibly Doug, with an antibiotic to prevent Rocky Mountain Spotted Fever, when they arrived at Grand Forks AFB, about 1981.